Dow/S&P500: S&P500 December 14, 2022 Gap Filled

On December 14, 2022 at 2:00 p.m. the Federal Reserve raised the overnight borrowing rate one-half percent to a range between 4.25% and 4.5%. This announcement resulted in a gap of the 1-hour S&P500 and Dow futures charts. The S&P500 gap was filled at the close on January 26, 2023. It appears algorithms are working to fill the December 14, 2022 Dow futures chart gap above 34,482.

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